Fluent Finance Abroad Latest News

Keep informed of the very latest news from the world of finance and mortgages.

Vive La France!

Les résultats des élections présidentielles en France ont laissé l’Union Européenne pousser un très grand soupir de soulagement. La peur d’avoir un gouvernement d’extrême droite au pouvoir en France, qui à son tour aurait surement conduit à la désintégration de l’Union Européenne, a été apaisée (du moins pour l’instant) et il parait que Macron, qui … Continue reading “Vive La France!”

British Banks

British Banks and mortgages in Spain

Having been arranging mortgages in Spain for over 13 years I feel like we at Fluent Finance Abroad, are well placed to inform you of how British Banks faired when it came to lending in Spain. When I arrived in Spain back in January 2004 I walked into a frenzy of Spanish mortgage lending activity. … Continue reading “British Banks and mortgages in Spain”

10 reasons for a Spanish mortgage when buying property in Spain!

10 reasons for a Spanish mortgage when buying property in Spain!

  • By fluent
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  • February 15, 2017

1. If your liquid funds are in a currency other than Euro, you could fund part of the purchase by getting a Euro Mortgage therefore offsetting any currency fluctuations when it comes to sending funds to Spain to cover deposit and costs. 2. You may feel that your cash budget doesn’t get you the property … Continue reading “10 reasons for a Spanish mortgage when buying property in Spain!”

Belfast -based Debt Strategists, Bell & Company

Calling all High Rollers- Bell & company bring ‘Casino Royale’ inspired glamourous event to Titanic Belfast in aid of NSPCC Northern Ireland

  • By fluent
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  • January 12, 2017

Belfast -based Debt Strategists, Bell & Company, are holding a casino inspired Gala Ball on Friday 3rd March at the award-winning Titanic Belfast and are delighted to have the fantastic support of some well-known names including special guests Lady Brenda McLaughlin and David Tait. All guests and sponsors alike will be given the ‘Royale’ treatment … Continue reading “Calling all High Rollers- Bell & company bring ‘Casino Royale’ inspired glamourous event to Titanic Belfast in aid of NSPCC Northern Ireland”

Brexit

Statement from Fluent Finance Abroad re Brexit and it’s effect on Spanish Mortgages for British borrowers

Statement from Fluent Finance Abroad re Brexit and it’s effect on Spanish Mortgages for British borrowers From the moment David Cameron announced the date for the referendum on the 20th February 2016, we as a business decided to put any major expansion on hold until the result came in. Now the result is in, I … Continue reading “Statement from Fluent Finance Abroad re Brexit and it’s effect on Spanish Mortgages for British borrowers”

Marc Elliott de Lama

Meet Marc Elliott…

  • By fluent
  • |
  • January 13, 2016

Marc Elliott is the British expat and brains behind Fluent Finance Abroad, the mortgage specialists based in San Pedro de Alcántara, Marbella.Providing clients with the most appropriate form of finance to purchase their dream home abroad, Marc – being half Spanish – has taken to life on the Costa del Sol like the proverbial duck … Continue reading “Meet Marc Elliott…”

General Franco

40 years after the death of General Franco – Spanish Mortgage Market Cleans Up Its Act

  • By fluent
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  • November 20, 2015

Press release… Spanish Mortgage Market Cleans Up Its Act Whilst mature mortgage markets such as that of the UK have learned from their mistakes and now heavily regulate the selling of financial products, Spanish banks are currently licking their wounds and suffering under the weight of repossessions on their balance sheets. New Prime Minister Rajoy … Continue reading “40 years after the death of General Franco – Spanish Mortgage Market Cleans Up Its Act”

Tax Help Man

Spanish Mortgages – Should I?

Spanish Mortgages – Should I or Shouldn’t I? help I need a Spanish mortgage for my Spanish property purchase It seems to be the million dollar question these days and there appears to be a great deal of confusion as to whether or not Spanish banks are actually lending to foreign borrowers. The first thing … Continue reading “Spanish Mortgages – Should I?”

Spanish Mortgages

Spanish Mortgages & Bank Bad Loans Surge To Record High

  • By fluent
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  • November 20, 2013

In September, official data showed on Monday, despite the near completion of a €41 billion euro zone – financed bailout of the battered financial sector Risky loans, mostly linked to the collapsed property sector, climbed by 6.9 billion euros from the previous month to an unprecedented €187.8 billion ($254 billion) in September, a Bank of … Continue reading “Spanish Mortgages & Bank Bad Loans Surge To Record High”

Rodrigo Rato

Bankia to close 99% of branches on the Costa del Sol

  • By fluent
  • |
  • November 19, 2013

Worrying news for Ex Caja Madrid & Bancaja customers as staff are told to announce that Bankia are to close 99% of branches on the Costa del Sol. Having heard the rumour that Bankia were closing all of its branches in Marbella I decided to pop into my local branch (Ex Caja Madrid) to see … Continue reading “Bankia to close 99% of branches on the Costa del Sol”

PricewaterhouseCoopers

Spain to Grow Faster Than Germany : PWC

  • By fluent
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  • September 24, 2013

International accounting giant PricewaterhouseCoopers (PWC) is predicting Spain’s growth will outstrip that of both Germany and France from 2015 to 2019. Annual growth in Spain will be 1.79 percent in this period, against 1.5 percent for the Eurozone, said the accounting giant in the September issue of its Global Economy Watch. Spain’s growth will also … Continue reading “Spain to Grow Faster Than Germany : PWC”

Rodrigo Rato

Santander hires ex-Bankia chief Rodrigo Rato for international advisory committee

  • By fluent
  • |
  • September 20, 2013

Leading Spanish lender Banco Santander has hired Rodrigo Rato – who was chairman of Bankia shortly before it was nationalized – for its international advisory committee. Bankia was taken over by the Bank of Spain in May 2012 and subsequently needed an injection of 22.424 billion euros in taxpayer money to restore its balance sheet. … Continue reading “Santander hires ex-Bankia chief Rodrigo Rato for international advisory committee”

Bankia España

Spain’s La Graciosa Island Loses Only Bank

  • By
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  • September 19, 2013

The 600 residents of the minute Canary Island of La Graciosa, or the Funny One, will have to take a boat from now on whenever they wish to make a cash withdrawal.   Cash-strapped Bankia will close 54 of its bank branches across the Canary Islands in October, but none of its clients will be … Continue reading “Spain’s La Graciosa Island Loses Only Bank”

El crédito a hogares y empresas sufre en Julio

El crédito continúa sin fluir a la economía española por motivos empresas sufre en Julio.

  • By fluent
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  • September 13, 2013

En el mes de julio, la financiación a los hogares descendió el 4,2% en tasa interanual mientras que la financiación a empresas retrocedió el 6,3%, según datos publicados hoy por el Banco de España. El Banco Central Europeo tendrá una clara referencia de cara a su reunión de este próximo jueves sobre en qué punto … Continue reading “El crédito continúa sin fluir a la economía española por motivos empresas sufre en Julio.”

SAREB the BAD BANK of Spain

SAREB the BAD BANK of Spain

  • By
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  • February 13, 2013

What is it and what is it supposed to do? SAREB or La Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria, S. A, is being called the Bad Bank of Spain but in reality it is not a bank at all, for example you will not be able to open an account at … Continue reading “SAREB the BAD BANK of Spain”

All change in the Spanish property mortgage market

All change in the Spanish property mortgage market

  • By fluent
  • |
  • January 30, 2013

Spanish Prime Minister Mariano Rajoy is on a clean up mission to try to put his country’s mortgage market back on track. Gone are the days when local newspapers had adverts offering fake P60s for credit purposes but it could take some time for the lending industry to become more mature, according to experts. The … Continue reading “All change in the Spanish property mortgage market”

60 second interview: Marc Elliott of Fluent Finance Abroad

  • By fluent
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  • January 22, 2013

60 second interview What does it say on your business card? Marc Elliot, Independent Mortgage Consultant, Fluent Finance Abroad. But since the credit crunch I should add “Bank Credit Department Cheerleader/Animator”. I could include “Agony Aunt” at times too! Where are you based? Lucky for me Marbella on Spain’s Costa del Sol – they’d have … Continue reading “60 second interview: Marc Elliott of Fluent Finance Abroad”